bad behavior

Loopscale's $5.8M Hack: Did They Just Reward Bad Behavior?

Loopscale's $5.8M Hack: Did They Just Reward Bad Behavior?

Picture this – you wake up, check your DeFi portfolio and…surprise!…almost six million dollars just disappeared. That's the gut-wrenching reality for users of Loopscale's USDC and SOL vaults after the recent hack. But here's the kicker: Loopscale essentially paid the hacker a $580,000 "whitehat" bounty and gave them immunity from...